Real Estate Price Maphome prices by county

Mercer County, NJ home prices

Mercer County, NJ: the typical home is worth $446,376 as of 2026-05, down -0.1% over the past year and +192.9% since 2000. Listings run about $286/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Mercer County is flat and fairly valued — affordable for what people here earn.

Momentum-0.1%Flat
Valuation-1%Fair value
Affordability7/10Affordable
Market37 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1975: $31,984 → 2026: $446,376 (14.0×) pre-2000 estimated via FHFA index

Typical value$446,3762026-05
1-year-0.1%
5-year+39.9%
10-year+78.2%
Since 2000+192.9%
Population392k2024
Median income$95,5022023 · 4.7× income
Median rent$2,623/mo2026 · 7.1% gross yield
New homes/yr2,0262024
Price / sq ft$286listings
Days on market372026-06
Active listings6982026-06
Price cuts11%of listings

Market read

At $446,376, homes in Mercer County sit 24% below the New Jersey median ($587,181) and 91% above the US median ($233,954). That ranks #13 of 21 New Jersey counties by price.

Prices are holding steady (-0.1% in the last year) — a balanced market.

Homes here move at a steady pace — a median 37 days on the market, with 11% of listings cutting their asking price.

At 4.7× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Buying looks cheaper than renting — ~$2,203/mo to buy (P&I, 20% down) vs $2,623/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Middlesex County, NJ ($587,181) · Somerset County, NJ ($666,922) · Bucks County, PA ($527,114) · Hunterdon County, NJ ($636,562) · Burlington County, NJ ($423,598) · Monmouth County, NJ ($780,588)

Frequently asked questions

What is the average home price in Mercer County, NJ?
The typical home in Mercer County is worth $446,376 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Mercer County rising or falling?
Prices are down -0.1% over the past year and +192.9% since 2000 — a balanced market.
Is Mercer County affordable?
At 4.7× the local median income of $95,502, Mercer County is pricier than the typical US county.
What is the rental yield in Mercer County?
Median rent is $2,623/mo — a gross rental yield of 7.1% on the typical home.
How fast do homes sell in Mercer County?
Homes here take a median of 37 days to sell, with 11% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$152,396
2001$164,042
2002$184,638
2003$211,140
2004$239,552
2005$275,903
2006$312,191
2007$323,793
2008$309,270
2009$284,749
2010$267,023
2011$257,828
2012$234,792
2013$224,923
2014$235,829
2015$241,894
2016$248,289
2017$254,235
2018$262,234
2019$269,661
2020$280,982
2021$304,700
2022$345,240
2023$372,790
2024$413,544
2025$442,696
2026$444,929